UK GAAP changes: impact on balance sheet and dividends – part 8

7 Oct 2026

In the eighth of our exclusive series, Ollie Garrod ACA, accounting expert at Croner, explains importance of talking with auditors, banks, and shareholders about the impact of accounting changes on balance sheets and knock-on for dividends

This is the eighth in a series of articles offering practical guidance for practitioners and finance teams preparing for their first set of financial statements under revised UK GAAP (effective for periods beginning on or after 1 January 2026).

Most of this series has focused on the technical work – the numbers, the elections, the disclosures. But a transition of this scale does not stay inside the finance function, and the people outside it need to hear about it from you, on your timeline, rather than discover it for themselves when the accounts land. The conversations below are worth having months before year-end, not weeks.

Auditors